founder and chief executive officer Marc Lore president and chief executive officer Doug McMillon Archives

Walmart sees Jet.com as E-tail accelerator

October 3, 2016 by MMR e-commerce, e-tailer Jet.com, founder and chief executive officer Marc Lore president and chief executive officer Doug McMillon, Walmart 2016, Issue 10-03-2016, Issues

BENTONVILLE, Ark. — Walmart has finalized its $3.3 billion acquisition of e-tailer Jet.com, a deal that president and chief executive officer Doug McMillon said “will build on our e-commerce foundation and accelerate growth.” With the closing of the deal, which was announced in early August, Jet.com founder and chief executive officer Marc Lore becomes executive